The currency pair Ethereum/Tether (ETH/USDT) goes from the bullish trendline down.
A bearish trend downwards to the next support level at 4284.630000000 will persist.
Caution: A possible counter-trend in the direction of the resistance line at 4384.060000000 should always be considered.
Consider stop-loss settings accordingly.
In addition a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is discovered. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bearish chart signal. The pair is likely to go down.
In addition a ‘Resistance Level’ indicator signal is discovered. The indicator is ‘Resistance Level’. which is often a bearish signal. The currency pair could go down.
In addition a ‘Two Crows’ candle pattern is existing. The chart forms ‘Two Crows’. which is a negative signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4490.640000000 |
| 2nd High | 4490.000000000 |
| Next High | 4384.060000000 |
| Current Price | 4293.000000000 |
| Next Low | 4284.630000000 |
| 2nd Low | 4270.810000000 |
| 3rd Low | 4236.000000000 |
4384.060000000 – 4336.020000000 – 4311.230000000 – 4284.630000000 – 4270.810000000 – 4276.760000000 — 45.207324873441 – 40.862190999019
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Two Crows – Symmetrical Triangle Chart Pattern – –